Stamp duty on -llp contribution

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Dear All,

If LLP contribution is 2.5 cr, then stamp duty would be max 15000rs right ? and not 1% of Contribuion in case of LLP registerd in mumbai , Maharashtra 

pls reply its urgent

Replies (2)

if the partners Brought in by way of cash is in excess of rupees 50,000 : 1% of the amount of share contribution subject to maximum of rupees fifteen thousand.

Yes so in case Partners Bring in contribution in form of RTGS in bank account ie 2.5 cr then max stamp duty payable would be 15000rs right

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